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Author: Zivin, Joshua Graff
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Zivin, Joshua Graff Hsiang, Solomon M. Neidell, Matthew J. |
Temperature and Human Capital in the Short- and Long-Run Journal of the Association of Environmental and Resource Economists 5,1 (January 2018): 77-105. Also: http://www.journals.uchicago.edu/doi/abs/10.1086/694177 Cohort(s): Children of the NLSY79 Publisher: University of Chicago Press Keyword(s): Cognitive Development; Environment, Pollution/Urban Density; Geocoded Data; Human Capital; Modeling, Fixed Effects; Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading); Testing Conditions We provide the first estimates of the potential impact of climate change on cognitive performance and attainment, focusing on the impacts from both short-run weather and long-run climate. Exploiting the longitudinal structure of the NLSY79 and random fluctuations in weather across interviews, we identify the effect of temperature in models with child-specific fixed effects. We find that short-run changes in temperature lead to statistically significant decreases in cognitive performance on math (but not reading) beyond 26 C (78.8 F). In contrast, our long-run analysis, which relies upon long-difference and rich cross-sectional models, reveals an imprecisely estimated effect that is significantly smaller than the short-run relationship between climate and human capital. |
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Bibliography Citation
Zivin, Joshua Graff, Solomon M. Hsiang and Matthew J. Neidell. "Temperature and Human Capital in the Short- and Long-Run." Journal of the Association of Environmental and Resource Economists 5,1 (January 2018): 77-105.
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